Apart from the day to day responsibilities, PMs must learn the skill of partnering with stakeholders. Stakeholder management is a highly underrated skill that’s often overlooked in favor of the immediate things, but truly great product managers are masters at communicating well to stakeholders and making sure that stakeholders are on board with the product vision and delivery plan.
What are stakeholders and why is it so important to make sure they’re on your side? Let’s break it down.
A project stakeholder is any person in the company who has the influence to impact your product. An easy way to identify stakeholders is figuring out whether they have veto power – these interested parties have the potential to make or break your plans for release.